Housing Market Analysis for METEOR WAY, CM1 2RL

Are you looking to understand CM1 2RL house prices? Here, we provide a detailed analysis of the latest sold house prices, trends over the years, and key statistics to help you gauge the real estate landscape in this Chelmsford postcode.

For the location information and nearby amenities in the CM1 2RL area, explore the CM1 2RL Area information page.
For comprehensive crime statistics in the CM1 2RL area, explore the CM1 2RL Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the CM1 2RL postcode area, The average prices are as follows,

  • Flat
    • The average price is around £84,810 median price is £81,000 Standard Deviation is £52,721 with Total Sold: 14
    • The Last 5 Year average price is £166,667 with Total Sold: 3
    • The most recent sale happened at this postcode is 5 METEOR WAY: £150,000 (Sold on 17 Jul 2020)
    • The first recorded sale happened at this postcode is 4 METEOR WAY: £18,980 (Sold on 23 Dec 1996)

Sold Price Trend Over the Years:

Below table and chart gives the average CM1 2RL house prices and number of sold houses over the years. This helps understand the price trend over the years in this postcode.

Please note that this data is populated based on the sold houses data given by the Land Registry.

House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2020£155,000 £4,228 2
2019£190,000 £5,026 1
2012£100,000 £2,646 1
2006£105,000 £3,088 1
2005£114,950 £3,832 1
2003£91,000 £2,600 1
2002£71,000 £2,367 1
2000£40,700 £1,163 1
1999£47,995 £1,371 1
1998£32,570 £921 3
1996£18,980 £633 1

All the Sales in the METEOR WAY, CM1 2RL

See the table below for more details on the sold house prices in the CM1 2RL, Chelmsford postcode.

AddressSold DatePrice% Change
5 METEOR WAYFlat, LeaseholdArea: 40 Sq.mtrAge: 1983-199017 Jul 2020£150,00064.84%
15 Jul 2003£91,000First Sale
9 METEOR WAYFlat, LeaseholdArea: 34 Sq.mtrAge: 1983-199004 May 2020£160,000800.90%
25 May 1998£17,760First Sale
12 METEOR WAYFlat, LeaseholdArea: 37.8 Sq.mtrAge: 1983-199015 Feb 2019£190,00090.00%
25 Jul 2012£100,000170.27%
13 Feb 1998£37,000First Sale
6 METEOR WAYFlat, LeaseholdArea: 34 Sq.mtrAge: 1983-199028 Feb 2006£105,000144.47%
28 Aug 1998£42,950First Sale
4 METEOR WAYFlat, LeaseholdArea: 30 Sq.mtrAge: 1991-199510 Nov 2005£114,95061.90%
08 Mar 2002£71,000274.08%
23 Dec 1996£18,980First Sale
2 METEOR WAYFlat, LeaseholdArea: 35 Sq.mtrAge: 1996-200217 Jan 2000£40,700-15.20%
04 Jun 1999£47,995First Sale

Check out the sold house prices near the CM1 2RL postcode. Properties currently for saleProperties currently for rent

METEOR WAY, CM1 2RL Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the CM1 2RL postcode area

Nearby Sold House Price Statstics

Knowing the nearby sold house in the area helps gauge the property market in the area. Below data gives house price Statstics of the surrounding area of the CM1 2RL postcode.

  • Semi-Detached
    • The average price is around £237,536 median price is £219,000 Standard Deviation is £126,845 with Total Sold: 555
    • The Last 5 Year average price is £398,473 with Total Sold: 96
    • The most recent sale happened at this postcode is , 73 BEECHES ROAD: £400,000 (Sold on 19 Sep 2024)
    • The first recorded sale happened at this postcode is , 36 PRIMROSE HILL: £40,500 (Sold on 06 Feb 1995)
  • Terraced
    • The average price is around £205,307 median price is £200,000 Standard Deviation is £112,228 with Total Sold: 783
    • The Last 5 Year average price is £361,014 with Total Sold: 117
    • The most recent sale happened at this postcode is , 83 SOUTH PRIMROSE HILL: £432,500 (Sold on 30 Aug 2024)
    • The first recorded sale happened at this postcode is , 103 SOUTH PRIMROSE HILL: £46,000 (Sold on 01 Feb 1995)
  • Flat
    • The average price is around £168,168 median price is £157,500 Standard Deviation is £76,315 with Total Sold: 969
    • The Last 5 Year average price is £236,945 with Total Sold: 136
    • The most recent sale happened at this postcode is , 20A RAINSFORD LANE: £215,000 (Sold on 30 Aug 2024)
    • The first recorded sale happened at this postcode is , 98 COVAL LANE: £15,000 (Sold on 17 Jan 1995)
  • Other
    • The average price is around £3,257,518 median price is £1,200,000 Standard Deviation is £6,271,979 with Total Sold: 15
    • The Last 5 Year average price is £3,667,070 with Total Sold: 11
    • The most recent sale happened at this postcode is , PARAGON HOUSE COVAL WELLS: £2,450,000 (Sold on 14 Feb 2024)
    • The first recorded sale happened at this postcode is , HALFORD HOUSE COVAL LANE: £4,250,000 (Sold on 28 Sep 2016)
  • Detached
    • The average price is around £325,334 median price is £290,000 Standard Deviation is £169,722 with Total Sold: 131
    • The Last 5 Year average price is £477,174 with Total Sold: 15
    • The most recent sale happened at this postcode is , 34 BEECHES CRESCENT: £567,500 (Sold on 19 Oct 2023)
    • The first recorded sale happened at this postcode is , 23A RAINSFORD AVENUE: £125,000 (Sold on 30 Oct 1995)

Sold Price Trend Over the Years:

House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£460,720 £4,947 5
2023£384,098 £4,410 15
2022£409,227 £4,719 22
2021£434,500 £4,860 16
2020£372,059 £4,316 23
2019£378,400 £4,271 15
2018£375,623 £4,180 24
2017£404,412 £4,312 17
2016£359,790 £3,930 20
2015£351,239 £3,973 19
2014£296,477 £3,173 13
2013£244,568 £2,780 14
2012£233,375 £2,663 16
2011£233,662 £2,812 16
2010£218,197 £2,496 19
2009£209,647 £2,331 17
2008£228,318 £2,637 11
2007£227,938 £3,021 22
2006£207,640 £2,447 26
2005£190,970 £2,408 17
2004£198,174 £2,176 25
2003£182,318 £1,861 22
2002£163,079 £1,829 22
2001£123,454 £1,249 22
2000£113,180 £1,352 25
1999£84,569 £939 18
1998£90,202 £1,086 21
1997£78,728 £817 19
1996£63,132 £669 19
1995£65,160 £663 15
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£364,668 £5,135 14
2023£412,767 £5,050 15
2022£355,818 £4,424 11
2021£350,800 £4,422 30
2020£342,316 £4,257 19
2019£357,134 £4,313 28
2018£352,469 £4,155 16
2017£312,218 £3,916 19
2016£343,658 £3,729 38
2015£278,507 £3,492 34
2014£242,231 £3,060 37
2013£221,325 £2,824 20
2012£206,700 £2,853 15
2011£221,450 £2,630 20
2010£203,077 £2,695 13
2009£177,885 £2,375 13
2008£216,246 £2,690 14
2007£214,075 £2,795 33
2006£197,013 £2,371 35
2005£188,635 £2,448 31
2004£183,307 £2,151 35
2003£197,348 £2,102 51
2002£136,222 £1,906 31
2001£107,042 £1,430 28
2000£91,801 £1,164 32
1999£74,838 £1,016 31
1998£67,039 £878 33
1997£56,229 £801 36
1996£50,624 £617 25
1995£48,085 £648 26
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£255,85010
2023£243,567 £3,885 15
2022£235,629 £4,405 31
2021£232,540 £4,106 25
2020£214,553 £3,873 19
2019£244,944 £4,326 36
2018£229,982 £3,991 28
2017£239,768 £3,960 29
2016£221,694 £3,861 46
2015£207,648 £3,377 88
2014£183,814 £3,106 33
2013£183,474 £2,872 20
2012£165,762 £2,739 21
2011£140,652 £2,418 24
2010£153,944 £2,854 9
2009£130,139 £2,387 17
2008£186,020 £2,866 22
2007£190,944 £3,255 58
2006£150,965 £2,794 29
2005£157,747 £2,607 34
2004£224,967 £3,126 70
2003£131,889 £2,495 117
2002£116,655 £2,102 31
2001£78,897 £1,352 20
2000£66,111 £1,367 28
1999£64,021 £1,166 35
1998£56,200 £1,032 31
1997£42,208 £807 18
1996£30,210 £602 13
1995£34,054 £607 12
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£1,360,0002
2023£25,590,0001
2022£292,922 £2,570 3
2021£1,405,0002
2020£1,200,0001
2019£3,569,500 £653 2
2017£1,425,000 £5,018 3
2016£4,250,0001
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£719,167 £5,198 3
2022£518,332 £5,371 3
2021£394,186 £4,742 6
2020£390,000 £3,578 1
2019£345,000 £4,397 2
2018£534,750 £4,190 4
2017£624,750 £4,332 2
2016£527,830 £3,608 15
2015£442,500 £3,639 11
2014£280,000 £3,333 1
2013£275,667 £2,629 3
2012£452,498 £3,698 2
2011£337,500 £2,724 2
2010£279,167 £2,509 3
2009£302,499 £2,380 4
2008£274,999 £3,201 3
2007£230,000 £1,156 1
2006£242,071 £2,159 7
2005£233,491 £2,438 6
2004£255,949 £1,690 7
2003£214,929 £2,724 7
2002£192,581 £1,785 18
2001£260,699 £2,116 5
2000£640,000 £1,798 1
1999£113,240 £1,059 5
1998£100,000 £1,059 3
1997£114,750 £822 2
1996£203,000 £661 2
1995£97,5002

House Type in CM1 2RL area

The most common house types in the CM1 2RL postcode area are Semi-detached (73), Terraced (33), and Flat (14).

Total129
Semi-detached73
Terraced33
Flat14
Detached5
commercial building4
Shared house0
converted building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Social rented: Other social rented (37), and Owned: Owns outright (32).

Social rented: Other social rented37
Owned: Owns outright32
Owned: Owns with a mortgage or loan31
Social rented: Rents from council or Local Authority13
Private rented: Private landlord or letting agency11
Private rented: Other private rented3
Lives rent free2
Does not apply0
Shared ownership: Shared ownership0

Number of People in a Household

The most houses in the CM1 2RL have 1 person in household (56), and 2 people in household (43).

1 person in household56
2 people in household43
4 people in household14
3 people in household13
5 people in household4
0 people in household0
6 people in household0
7 people in household0
8 or more people in household0